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SES

BDL:SESGL
Snowflake Description

Adequate balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SESGL
BDL
€6B
Market Cap
  1. Home
  2. LU
  3. Media
Company description

SES S.A. provides satellite and ground communications solutions to connect and enable broadcast, telecom, corporate, and government customers worldwide. The last earnings update was 85 days ago. More info.


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SESGL Share Price and Events
7 Day Returns
-0.8%
BDL:SESGL
-1.1%
Europe Media
-1.1%
LU Market
1 Year Returns
-14.2%
BDL:SESGL
-3.7%
Europe Media
-11.5%
LU Market
SESGL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SES (SESGL) -0.8% -2.1% -13.9% -14.2% -30.6% -50.5%
Europe Media -1.1% -0.4% 0.1% -3.7% -12.8% -7.4%
LU Market -1.1% -3.1% -10.4% -11.5% -27% -41.9%
1 Year Return vs Industry and Market
  • SESGL underperformed the Media industry which returned -3.7% over the past year.
  • SESGL underperformed the Market in Luxembourg which returned -11.5% over the past year.
Price Volatility
SESGL
Industry
5yr Volatility vs Market

Value

 Is SES undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for SES. This is due to cash flow or dividend data being unavailable. The share price is €13.615.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SES's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SES's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BDL:SESGL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €0.48
BDL:SESGL Share Price ** BDL (2019-07-19) in EUR €13.62
Europe Media Industry PE Ratio Median Figure of 111 Publicly-Listed Media Companies 16.39x
Luxembourg Market PE Ratio Median Figure of 6 Publicly-Listed Companies 22.55x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SES.

BDL:SESGL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BDL:SESGL Share Price ÷ EPS (both in EUR)

= 13.62 ÷ 0.48

28.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SES is overvalued based on earnings compared to the Europe Media industry average.
  • SES is overvalued based on earnings compared to the Luxembourg market.
Price based on expected Growth
Does SES's expected growth come at a high price?
Raw Data
BDL:SESGL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 28.35x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
12%per year
Europe Media Industry PEG Ratio Median Figure of 64 Publicly-Listed Media Companies 1.91x

*Line of best fit is calculated by linear regression .

BDL:SESGL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 28.35x ÷ 12%

2.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SES is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on SES's assets?
Raw Data
BDL:SESGL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €13.53
BDL:SESGL Share Price * BDL (2019-07-19) in EUR €13.62
Europe Media Industry PB Ratio Median Figure of 169 Publicly-Listed Media Companies 1.49x
Luxembourg Market PB Ratio Median Figure of 9 Publicly-Listed Companies 1x
BDL:SESGL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BDL:SESGL Share Price ÷ Book Value per Share (both in EUR)

= 13.62 ÷ 13.53

1.01x

* Primary Listing of SES.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SES is good value based on assets compared to the Europe Media industry average.
X
Value checks
We assess SES's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Media industry average (and greater than 0)? (1 check)
  5. SES has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is SES expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SES expected to grow at an attractive rate?
  • SES's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • SES's earnings growth is positive but not above the Luxembourg market average.
  • SES's revenue growth is expected to exceed the market average.
Annual Growth Rates Comparison
Raw Data
BDL:SESGL Future Growth Rates Data Sources
Data Point Source Value (per year)
BDL:SESGL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts 12%
BDL:SESGL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts 2.6%
Europe Media Industry Earnings Growth Rate Market Cap Weighted Average 10.9%
Europe Media Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
Luxembourg Market Earnings Growth Rate Market Cap Weighted Average 31.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BDL:SESGL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BDL:SESGL Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 374
2022-12-31 2,211 371 1
2021-12-31 2,124 1,136 363 11
2020-12-31 2,075 1,114 326 13
2019-12-31 2,018 1,065 266 14
BDL:SESGL Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 2,013 218
2018-12-31 2,010 1,191 244
2018-09-30 1,977 458
2018-06-30 1,968 1,304 501
2018-03-31 1,972 519
2017-12-31 2,035 1,251 549
2017-09-30 2,106 518
2017-06-30 2,161 1,342 972
2017-03-31 2,128 961
2016-12-31 2,069 1,274 948
2016-09-30 2,012 993
2016-06-30 1,972 1,233 497

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SES's earnings are expected to grow by 12% yearly, however this is not considered high growth (20% yearly).
  • SES's revenue is expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BDL:SESGL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from SES Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BDL:SESGL Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.78 0.82 0.73 2.00
2020-12-31 0.64 0.78 0.51 3.00
2019-12-31 0.59 0.65 0.52 2.00
BDL:SESGL Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 0.48
2018-12-31 0.54
2018-09-30
2018-06-30 1.11
2018-03-31
2017-12-31 1.21
2017-09-30
2017-06-30 2.14
2017-03-31
2016-12-31 2.18
2016-09-30
2016-06-30 1.20

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • SES is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess SES's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SES has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has SES performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SES's growth in the last year to its industry (Media).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • SES's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • SES's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • SES's 1-year earnings growth is negative, it can't be compared to the Europe Media industry average.
Earnings and Revenue History
SES's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SES Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BDL:SESGL Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,013.30 218.30 89.80
2018-12-31 2,010.30 244.30 89.80
2018-09-30 1,977.20 458.00 102.90
2018-06-30 1,967.70 500.70 102.90
2018-03-31 1,972.00 518.60 102.90
2017-12-31 2,035.00 548.80 102.90
2017-09-30 2,105.90 518.20 78.20
2017-06-30 2,160.70 972.40 78.20
2017-03-31 2,127.80 961.00 78.20
2016-12-31 2,068.80 947.70 78.20
2016-09-30 2,012.00 993.40 37.70
2016-06-30 1,972.20 496.80 37.70
2016-03-31 2,018.30 529.00 37.70
2015-12-31 2,014.50 544.90 37.70
2015-09-30 2,005.10 538.40 39.30
2015-06-30 1,979.30 585.30 39.30
2015-03-31 1,931.30 581.60 39.30
2014-12-31 1,919.10 600.80 39.30
2014-09-30 1,890.90 591.00 59.80
2014-06-30 1,890.90 589.40 59.80
2014-03-31 1,887.30 575.20 59.80
2013-12-31 1,862.50 566.50 59.80
2013-09-30 1,846.60 605.80
2013-06-30 1,846.60 618.10 71.10
2013-03-31 1,818.60 639.10
2012-12-31 1,828.00 648.80 71.10
2012-09-30 1,811.20 627.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • SES has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SES used its assets less efficiently than the Europe Media industry average last year based on Return on Assets.
  • SES's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess SES's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Media industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SES has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is SES's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up SES's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SES is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SES's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of SES's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SES Company Filings, last reported 3 months ago.

BDL:SESGL Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 6,250.60 4,423.10 909.30
2018-12-31 6,250.60 4,385.00 909.30
2018-09-30 6,086.90 4,513.00 685.10
2018-06-30 6,086.90 4,472.30 685.10
2018-03-31 6,112.50 3,948.50 271.60
2017-12-31 6,112.50 3,948.50 271.60
2017-09-30 6,081.20 4,248.00 234.80
2017-06-30 6,081.20 4,248.00 234.80
2017-03-31 6,945.10 4,427.40 587.50
2016-12-31 6,945.10 4,427.40 587.50
2016-09-30 5,330.80 4,358.90 1,777.70
2016-06-30 5,330.80 4,358.90 1,777.70
2016-03-31 4,060.80 4,431.70 639.70
2015-12-31 4,060.80 4,431.70 639.70
2015-09-30 3,665.90 4,582.30 610.70
2015-06-30 3,665.90 4,582.30 610.70
2015-03-31 3,489.60 4,486.10 524.50
2014-12-31 3,489.60 4,486.10 524.50
2014-09-30 2,768.50 5,029.40 1,045.50
2014-06-30 2,768.50 5,029.40 1,045.50
2014-03-31 2,898.90 4,345.90 544.20
2013-12-31 2,898.90 4,345.90 544.20
2013-09-30 2,831.50 4,787.70 665.50
2013-06-30 2,831.50 4,787.70 665.50
2013-03-31 2,885.50 4,227.70 244.30
2012-12-31 2,881.10 4,227.70 244.30
2012-09-30 2,698.90 4,253.10 239.00
  • SES's level of debt (70.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (150.2% vs 70.2% today).
  • Debt is well covered by operating cash flow (27.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.4x coverage).
X
Financial health checks
We assess SES's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SES has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is SES's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.88%
Current annual income from SES dividends. Estimated to be 6.06% next year.
If you bought €2,000 of SES shares you are expected to receive €118 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • SES's pays a higher dividend yield than the bottom 25% of dividend payers in Luxembourg (2.47%).
  • SES's dividend is below the markets top 25% of dividend payers in Luxembourg (6.78%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BDL:SESGL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
Europe Media Industry Average Dividend Yield Market Cap Weighted Average of 89 Stocks 4%
Luxembourg Market Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.5%
Luxembourg Minimum Threshold Dividend Yield 10th Percentile 1.7%
Luxembourg Bottom 25% Dividend Yield 25th Percentile 2.5%
Luxembourg Top 25% Dividend Yield 75th Percentile 6.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BDL:SESGL Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.86 2.00
2020-12-31 0.82 3.00
2019-12-31 0.80 3.00
BDL:SESGL Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-01 0.800 5.537
2019-02-27 0.800 4.499
2018-04-05 0.800 4.886
2017-02-24 1.340 8.177
2016-02-26 1.300 6.169
2015-04-02 1.180 4.260
2015-02-20 1.180 3.644
2014-04-03 1.070 3.800
2013-04-04 0.970 4.248
2012-04-05 0.880 4.262
2011-04-07 0.800 4.386
2010-04-01 0.730 4.079
2009-02-13 0.660 4.517

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of SES's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (0.9x coverage).
X
Income/ dividend checks
We assess SES's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SES afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SES has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of SES's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Steve Collar
AGE 49
TENURE AS CEO 1.3 years
CEO Bio

Mr. Steve Collar has been the President and Chief Executive Officer of SES SA since April 5, 2018. Mr. Collar has served as Chief Executive Officer of SES Networks at SES Techcom S.A. since 2011. Mr. Collar served as Senior Vice President of Market Development at SES World Skies, Inc. He served as Chief Executive Officer of O3b Networks Limited since March 7, 2011 until April 2017. Mr. Collar led the Market Development team at SES WORLD SKIES. Mr. Collar was also responsible for overall leadership of SES WORLD SKIES' efforts to expand its satellite and service portfolio, including the design of new spacecraft and products. In addition, he oversees SES WORLD's long range strategic planning activities in close cooperation with other SES entities. Mr. Collar joined SES NEW SKIES in 1999 and was instrumental in the design, configuration and procurement. He held a number of management positions in commercial, business development and technology at Matra Marconi Space (now Airbus). He served as Senior Vice President of Market Development of SES NEW SKIES (known as NEW SKIES and SES WORLD SKIES) at SES AMERICOM, Inc. since December 10, 2007. Mr. Collar oversaw SES NEW SKIES 's long-range strategic planning activities in close cooperation with other SES entities. Mr. Collar originally joined SES NEW SKIESNew Skies Satellites (now SES WORLD SKIES) in 1999 and was instrumental in the design, configuration and procurement of SES NEW SKIESNew 's new satellite fleets. As Vice President of Asset Management and Development from 2003 to 2007, Mr. Collar was responsible for the commercial optimization and management of the SES NEWS SKIESNew Skies' satellite fleet, including capacity pricing and transponder allocation. He was also involved in the development and management of its value-added video and IP products. Prior to joining NEW SKIES, he worked at the satellite manufacturer Astrium for eight years. in a variety of roles including Payload Architect and Payload Manager. He also worked on various satellite projects including Astra 2B, Intelsat 10 and Eutelsat's Hotbird series. Mr. Collar served as a Director of O3b Networks Limited. Mr. Collar holds a degree in Mechanical Engineering from Brunel University in London.

CEO Compensation
  • Insufficient data for Steve to compare compensation growth.
  • Insufficient data for Steve to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure and age of the SES management team in years:

2.4
Average Tenure
54.5
Average Age
  • The tenure for the SES management team is about average.
Management Team

Steve Collar

TITLE
CEO & President
AGE
49
TENURE
1.3 yrs

Andrew Browne

TITLE
Chief Financial Officer
AGE
63
TENURE
1.3 yrs

Ruy Pinto

TITLE
Chief Technology Officer
TENURE
0.5 yrs

Richard Whiteing

TITLE
VP & Head of Investor Relations

John Purvis

TITLE
Chief Legal Officer
AGE
57
TENURE
2.4 yrs

Christine Leurquin

TITLE
Vice President of Institutional Relations & Communications

Evie Roos

TITLE
Chief Human Resources Officer
AGE
52
TENURE
2.4 yrs

Deepak Mathur

TITLE
Senior Vice President of Commercial
TENURE
7.6 yrs

Elias Zaccack

TITLE
Senior Vice President of Commercial Americas

Gerry Oberst

TITLE
Senior Vice President of Global Regulatory & Governmental Strategy
TENURE
6.8 yrs
Board of Directors Tenure

Average tenure and age of the SES board of directors in years:

6.3
Average Tenure
65
Average Age
  • The tenure for the SES board of directors is about average.
Board of Directors

Romain Bausch

TITLE
Chairman of the Board
AGE
66
TENURE
4.5 yrs

François Tesch

TITLE
Vice Chairman
AGE
68

Jean-Paul Zens

TITLE
Vice Chairman
AGE
66
TENURE
17.2 yrs

René Steichen

TITLE
Honorary Chairman
AGE
77
TENURE
4.6 yrs

Conny Kullman

TITLE
Independent Director
AGE
69
TENURE
7.3 yrs

Hadelin de Liedekerke Beaufort

TITLE
Non Independent Director
AGE
64
TENURE
19.3 yrs

Serge Allegrezza

TITLE
Non Independent Director
AGE
60
TENURE
9.4 yrs

Tsega Gebreyes

TITLE
Independent Director
AGE
50
TENURE
6.3 yrs

Ramu Potarazu

TITLE
Independent Director
AGE
58
TENURE
5.4 yrs

Anne-Catherine Ries

TITLE
Non Independent Director
AGE
46
TENURE
4.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess SES's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SES has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

SES SA (BDL:SESGL): A Look At Return On Capital

This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … To understand SES’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

Is SES SA's (BDL:SESGL) Balance Sheet A Threat To Its Future?

However, history shows that overlooked mid-cap companies have performed better on a risk-adjusted manner than the smaller and larger segment of the market. … Today we will look at SESGL’s financial liquidity and debt levels, which are strong indicators for whether the company can weather economic downturns or fund strategic acquisitions for future growth. … Note that this information is centred entirely on financial health and is a top-level understanding, so I encourage you to look further.

Simply Wall St -

Should You Be Concerned About SES SA's (BDL:SESGL) Shareholders?

In this article, I'm going to take a look at SES SA’s (BDL:SESGL) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … BDL:SESGL Ownership Summary August 7th 18

Simply Wall St -

Have Investors Priced In SES SA's (BDL:SESGL) Growth?

Growth expectations for SES SA (BDL:SESGL) are high, but many investors are starting to ask whether its last close at €15.865 can still be rationalized by the future potential. … Analysts are predicting good growth prospects for SES over the next couple of years … Expectations from 16 analysts are

Simply Wall St -

Does SES SA's (BDL:SESGL) PE Ratio Warrant A Sell?

SESGL is priced at a multiple of 13.81x based on its prior year’s earnings,. … However, a static multiple such as PE is never conclusive on its own. … Below, I will lay out some important considerations to help determine which multiple best suits

Simply Wall St -

Should SES SA (BDL:SESGL) Be Part Of Your Dividend Portfolio?

Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … In the past 10 years SES SA (BDL:SESGL) has returned an average of 5.00% per year to investors in the form of dividend payouts. … Does SES tick all the boxes of a great dividend stock?

Simply Wall St -

Should You Buy SES SA (BDL:SESGL) At This PE Ratio?

Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio … Breaking down the Price-Earnings ratio

Simply Wall St -

Should You Buy SES SA. (BDL:SESGL)?

According to my valuation model, SES seems to be fairly priced at around 12.47% below my intrinsic value, which means if you buy SES today, you’d be paying a fair price for it. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … The stock appears to be trading at fair value, which means there’s less benefit from mispricing.

Simply Wall St -

What Should Investors Know About the future of SES SA.'s (BDL:SESGL)?

View our latest analysis for SES Breaking Down SESGL's Profit Margin Attractive margins generally indicate a desirable ability to translate sales revenue in to earnings, and return for shareholders. … Margin Calculation for SESGL Profit Margin = Net Income ÷ Revenue ∴ Profit Margin = 518.60 Million ÷ 1.97 Billion = 26.30% The past five years have seen SES's margin contract, with a 2.95% average growth in revenue surpassing a 2.58% average growth in net income, which suggests that a smaller percentage of revenue falls to the bottom line despite the fact revenue has increased over the previous 5 years. … Using SES's margin expectations as a way to understand projections for the future It is expected that margins will move from contraction into expansion, with 4.53% in expected annual revenue growth and a forecasted 13.14% in annual net income growth.

Simply Wall St -

What Investors Should Know About SES SA.'s (BDL:SESGL) Financial Strength

See our latest analysis for SES How does SESGL’s operating cash flow stack up against its debt? … On top of this, SESGL has produced €1.25B in operating cash flow over the same time period, resulting in an operating cash to total debt ratio of 31.69%, signalling that SESGL’s debt is appropriately covered by operating cash. … Next Steps: SESGL’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow.

Simply Wall St -

Company Info

Description

SES S.A. provides satellite and ground communications solutions to connect and enable broadcast, telecom, corporate, and government customers worldwide. The company offers video services, such as broadcasting, content distribution, and occasional use and full-time content contribution and distribution services. It also provides cloud-scale connectivity solutions; and various network services. The company was formerly known as SES Global S.A. and changed its name to SES S.A. in 2006. SES S.A. was founded in 1985 and is headquartered in Grevenmacher, Luxembourg.

Details
Name: SES S.A.
SESGL
Exchange: BDL
Founded: 1985
€6,188,828,014
454,559,531
Website: http://www.ses.com
Address: SES S.A.
Château de Betzdorf,
Betzdorf,
Grevenmacher,
6815,
Luxembourg
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BDL SESGL FIDUCIARY DR EACH REP 1 'A' SHS NPV Bourse de Luxembourg LU EUR 13. Jul 1998
OTCPK SGBA.F FIDUCIARY DR EACH REP 1 'A' SHS NPV Pink Sheets LLC US USD 13. Jul 1998
DB SES FIDUCIARY DR EACH REP 1 'A' SHS NPV Deutsche Boerse AG DE EUR 13. Jul 1998
LSE 0M6P FIDUCIARY DR EACH REP 1 'A' SHS NPV London Stock Exchange GB EUR 13. Jul 1998
ENXTPA SESG FIDUCIARY DR EACH REP 1 'A' SHS NPV Euronext Paris FR EUR 13. Jul 1998
BMV SESG N FIDUCIARY DR EACH REP 1 'A' SHS NPV Bolsa Mexicana de Valores MX MXN 13. Jul 1998
BATS-CHIXE SESGP FIDUCIARY DR EACH REP 1 'A' SHS NPV BATS 'Chi-X Europe' GB EUR 13. Jul 1998
Number of employees
Current staff
Staff numbers
2,147
SES employees.
Industry
Cable and Satellite
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 20:52
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/07/14
Last earnings filing: 2019/04/26
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.